MANAGING YOUR MONEY. You have excess cash. You anticipate that you will need to have 1 year (12 months) worth of expenses covered. You want to make sure that you can have access to your cash, but also gain interest as well, throughout the 12 months. Your expenses are $4000 per month. You have $48,000 in cash. You want to put it in various accounts or funds for: 1 month, 3 months, 6 months, and 12 month. The remaining amounts you want going to something that will earn you the highest interest. How would you allocate them in various accounts (checking, NOW, savings, MMDA, CDs, T-Bills, Mutual funds, brokerage accounts, asset management accounts), in order to manage your liquidity (have access to your money and still gain interest)? (Make sure to specify why you choose that account instead of others and how are they beneficial?)